Categories Earnings, Other Industries

Barrick Gold Corporation (NYSE: GOLD): Q4 2019 Earnings Snapshot

— Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX) reported adjusted earnings of $0.17 per share for the fourth quarter of 2019, vs. $0.14 per share expected.

— Unadjusted net income attributable to equity holders of the company was $1.39 billion or $0.78 per share, compared to $2.28 billion or $1.30 per share in the third quarter

— Realized gold price per ounce moved up to $1,483 in the fourth quarter from $1,476 in the previous quarter

— Declared dividend of $0.07 per share, a 40% increase from the previous quarter’s dividend, payable on March 16, 2020

— Expects gold revenue, net of royalties, to be $1,350 per ounce in fiscal 2020

— Expects copper revenue, net of royalties, to be $2.75/lb in fiscal 2020

Listen to publicly listed companies’ earnings conference calls along with the edited closed caption text

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